EMMA Capital Group acquires a 67% stake in Get’s Bet and Club King

EMMA Capital Group announces that it has successfully completed negotiations to acquire a 67% stake in Get’s Bet and Club King, companies which operate in the Romanian gaming market.

This is EMMA Capital’s first acquisition in the Romanian gaming sector. The current management will remain in place and alongside it, EMMA will supplement a few managerial positions to further bolster expertise and operational excellence.

Get’s Bet and Club King are Romanian sports betting and casino companies founded in 1993 and 2004 by local businessman Sandu Ghețu. Togheter, they operate over 1.000 sports betting and gaming retail locations and have an increasing online presence.

Since the summer of 2021, Get’s Bet is the front shirt sponsor of the football and basketball teams of the biggest sports club in Romania, Steaua Bucharest.

EMMA Capital is a private investment holding founded in 2012 by Czech businessman Jiří Šmejc. The fund also owns Premier Energy, the 3rd largest natural gas infrastructure distributor and supplier in Romania.

MUST READ: ROCA X has doubled the number and value of its transactions in 2021

- Advertisment -

Latest

Strong first quarter of the year for the industrial and logistics market

The industrial and logistics market had a promising start of the year, with almost 260,000 sq. m being leased...

Chinese auto maker BYD is entering the Romanian market with four models

BYD has officially entered the Romanian market, marking another strategic step in the company’s European expansion. The Chinese automaker...

Connections, gross profit of 10.22 million RON, net profit of 8.83 million RON in 2024

Connections, a technology company listed on the AeRo market of the Bucharest Stock Exchange, announces that its consolidated revenues...